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home / news releases / CLR - Continental Resources: 2-Year Free Cash Flow May Reach $6 Billion

CLR - Continental Resources: 2-Year Free Cash Flow May Reach $6 Billion

Continental Resources Inc.
  • Continental Resources is benefiting from its lack of oil hedges.
  • At current strip, it may be able to generate $6 billion in positive cash flow between 2021 and 2022.
  • Longer-term oil and gas prices are lower (with 2023 strip at $69 oil and $3.60 natural gas).
  • At longer-term $65 to $70 oil, Continental may be worth around $51 to $56 per share.

For further details see:

Continental Resources: 2-Year Free Cash Flow May Reach $6 Billion
Stock Information
Company Name: Continental Resources Inc.
Stock Symbol: CLR
Market: NYSE
Website: clr.com
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